Automotive LED Lighting Market Will Register 9.8% CAGR Revenue; the Global Market Size Will Reach US $10600 M by 2024, from US $6050 M in 2019

Automotive LED Lighting Market Covered by Top Key Players; Koito, Magneti Marelli, Valeo, Hella, Stanley, OSRAM, ZKW Group, Varroc and Others


pune, India -- (SBWIRE) -- 02/14/2019 -- Automotive LED Lighting Market research report 2019-2024 presents a comprehensive study of the Automotive LED Lighting Market in Global Industry. A light-emitting diode (LED) is a two-lead semiconductor light source. It is a p-n junction diode, which emits light when activated. When a suitable voltage is applied to the leads, electrons are able to recombine with electron holes within the device, releasing energy in the form of photons. This effect is called electroluminescence, and the color of the light (corresponding to the energy of the photon) is determined by the energy band gap of the semiconductor. Because of their long life, fast switching times, and their ability to be seen in broad daylight due to their high output and focus, LEDs have been used in brake lights for cars' high-mounted brake lights, and in turn signals for some time, but many vehicles now use LEDs for their rear light clusters. The use in brakes improves safety, due to a great reduction in the time needed to light fully, or faster rise time, up to 0.5 second faster than an incandescent bulb. This gives drivers behind more time to react. In a dual intensity circuit (rear markers and brakes) if the LEDs are not pulsed at a fast enough frequency, they can create a phantom array, where ghost images of the LED will appear if the eyes quickly scan across the array. White LED headlamps are starting to be used. Using LEDs has styling advantages because LEDs can form much thinner lights than incandescent lamps with parabolic reflectors.

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Europe is the largest supplier of Automotive LED Lighting with market share of 42% in 2017. Followed Europe, China is the second largest supplier, with market share of 20.7%. Europe is the largest consumption market of Automotive LED Lighting with market share of 41% in 2017. China is also the second largest consumption market, following Europe, occupying 22.7% market share. China is becoming a more and more important market both in production and consumption market. It enjoyed the fast development speed in the last several years.

Automotive LED Lighting Market Top Key Players:
- Koito
- Magneti Marelli
- Valeo
- Hella
- Stanley
- ZKW Group
- Varroc

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Major Points Covered in The Report:
1) Scope of the Report
2) Executive Summary
3) Automotive LED Lighting Market With Global key Players
4) Automotive LED Lighting Market by Regions
5) Americas
7) Europe
8) Middle East & Africa
9) Market Drivers, Challenges and Trends
10) Marketing, Distributors and Customer
11) Global Automotive LED Lighting Market Forecast
12) Key Players Analysis
13) Research Findings and Conclusion

Segmentation by product type:
- Exterior Lighting
- Interior Lighting
Segmentation by application:
- Passenger Car
- Commercial Vehicle

This report also splits the market by region:
- Americas: United States, Canada, Mexico, Brazil
- APAC: China, Japan, Korea, Southeast Asia, India, Australia
- Europe: Germany, France, UK, Italy, Russia, Spain
- Middle East & Africa: Egypt, South Africa, Israel, Turkey, GCC Countries

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Research Objectives of The Report:
1) To study and analyse the global Automotive LED Lighting market size by key regions/countries, product type and application.
2) To understand the structure of Automotive LED Lighting market by identifying its various sub segments.
3) Focuses on the key global Automotive LED Lighting key players, to define, describe and analyse the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
4) To analyse the Automotive LED Lighting market with respect to individual growth trends, future prospects, and their contribution to the total market.
5) To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
6) To project the size of Automotive LED Lighting submarkets, with respect to key regions (along with their respective key countries).
7) To analyse competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
8) To strategically profile the key players and comprehensively analyse their growth strategies.

Table of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automotive LED Lighting Consumption 2014-2024
2.1.2 Automotive LED Lighting Consumption CAGR by Region
2.2 Automotive LED Lighting Segment by Type
2.2.1 Exterior Lighting
2.2.2 Interior Lighting
2.3 Automotive LED Lighting Consumption by Type
2.3.1 Global Automotive LED Lighting Consumption Market Share by Type (2014-2019)
2.3.2 Global Automotive LED Lighting Revenue and Market Share by Type (2014-2019)
2.3.3 Global Automotive LED Lighting Sale Price by Type (2014-2019)
2.4 Automotive LED Lighting Segment by Application
2.4.1 Passenger Car
2.4.2 Commercial Vehicle
2.5 Automotive LED Lighting Consumption by Application
2.5.1 Global Automotive LED Lighting Consumption Market Share by Application (2014-2019)
2.5.2 Global Automotive LED Lighting Value and Market Share by Application (2014-2019)
2.5.3 Global Automotive LED Lighting Sale Price by Application (2014-2019) and others…

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